Re: Common property lease to developer

› Forums › The Professionals › Common property lease to developer › Current Page

29/04/2016 at 9:08 am #24839
hawthornh
Flatchatter
Chat-starter

    @PeterC said:
    In the ACT:

    “S.33  Restriction on owners corporation during developer control period

    An owners corporation for a units plan must not, during the developer control period, do any of the following:

    (a) enter into a contract unless—

    (i) the contract is disclosed in each contract to sell a unit in the units plan; and…

     

    Thanks Peter, 

    Unfortunately no such rule exists for Victorian Owners Corporations, must be unique to the ACT, but appreciate your feedback.

    Quote